4, GILES WAY, WITNESHAM, IPSWICH, IP6 9HB - £812,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 GILES WAY is a very large detached house of 204m², built sometime between 1996 and 2002, which could now be worth an estimated £811,822. It was last sold for £812,000 in May 2022, which was around 92% above the average May 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

4 GILES WAY Sold Prices

Land registry data shows five sales for 4 GILES WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the five 4 GILES WAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 11 MAY	£812,000	£423,139	92% above HPI
2009 21 SEP	£450,000	£233,827	92% above HPI
2004 1 OCT	£393,000	£221,428	77% above HPI
1999 2 MAR	£222,500	£90,468	146% above HPI
1996 28 JUN	£165,000	£73,919	123% above HPI

4 GILES WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The five 4 GILES WAY sales between June 1996 and May 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2009 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the May 2022 sale, which was also at 92% above the HPI.

What might 4 GILES WAY be worth now?

4 GILES WAY might now be worth an estimated £811,822.

This is based on house price deflation of 0%, between May 2022 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0% deflationary decrease is applied to the most recent sale price for 4 GILES WAY of £812,000 on 11th May 2022. For the value to have decreased from £812,000 to £811,822 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 4 GILES WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2022 sale price of £812,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GILES WAY has not materially changed since May 2022.

How Large is 4 GILES WAY?

4 GILES WAY is 204m² according to the EPC inspection conducted in June 2021. This puts it in the largest 20% of detached houses houses in Witnesham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witnesham, and where 4 GILES WAY lies on this distribution: 80% of detached houses houses are smaller than 4 GILES WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Witnesham.

4 GILES WAY: Plot and Title Map

4 GILES WAY sits on a plot of roughly 0.327 of an acre, or 1,325m². The below map shows the location of 4 GILES WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 4 GILES WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 4 GILES WAY?

4 GILES WAY is located in WITNESHAM, in the IP6 postcode district. The below map shows the position of No. 4 on GILES WAY.